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Virtual Sl Tp and trailing Sl

5

This panel brings convenient functionality - Virtual Stop Loss and Take Profit levels.


Peculiarities

  1. This panel allows to hide the Stop Loss and Take Profit levels of your trades. 
  2. The panel stores these levels in memory
  3. When the market price reached one of the levels, a trade is closed and terminal generates a message indicating that a virtual level was triggered.
  4. there are 4 options for setting Stop Loss:
    • Fixed Stop Loss - fixed Stop Loss
    • Trailing Stop Loss - classic Trailing Stop Loss.
    • Trailing to breakeven - Trailing SL until the "break even" price (trade open price)
    • Trailing by jumps - when the position profit in pips is equal to the value of TRSL_1, the Stop Loss level is set to the position opening price (to breakeven). If Stop Loss is at "breakeven" and the distance from the current price to the opening price becomes equal to TRSL_2, the Stop Loss order is moved away from the opening price to fix the profit in pips equal to TRSL_3. This Trailing Stop Loss method is very efficient, it has been tested on different strategies. The algorithm is shows on the screenshot below.
  5. It is possible to work with all trades on the symbol or with trades with the specified Magic (useful for working with an EA)
  6. It is possible to set Take Profit
  7. It is possible to draw the SL and TP levels as conventional lines on the chart
  8. It is also possible to set the main settings right on the panel
  9. When using hidden levels, there is an option to add "live levels" for SL (which are greater than the virtual level by the specified number of points)


Attention!

After change settings - Press button "RESET"



Attention!

If the virtual SL/TP levels are enabled and for some reason the connection between the terminal and broker is lost (connection interruption, broker not responding or something else), trades will not be closed when those levels are reached


Comentarios 1
j431fx
1035
j431fx 2018.10.12 21:39 
 

I checked this EA only with parameter "Just SL" and TP, I don´t need other functions by now.

It works very well in my hedge account, manual or with an EA, for All orders or just for Magic number (1 or more magics openig Virtual_SL_EA in more graphs).

It has a good price and works, autor has been very helpful fixing some bug, and similar EAs that I checked were more expensive and had errors.

So, 5 stars for Virtual SL/TP is the correct.

The only missed thing is a full functional demo just for 1 symbol(CADJPY or other minor), so that we were able of checking its functions before buying it.

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YuClusters
Yury Kulikov
4.93 (41)
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Didi Alert Needle Detector
Alexandre Tadeu Molina
5 (6)
Alerta EA DIDI - Detector de agujas del ATM SYSTEMS ¿Está buscando una herramienta que le ayude a aprovechar las mejores oportunidades comerciales en los mercados financieros? Entonces necesita saber que DIDI Alert - Agulhadas Detector de ATM Systems es el único asesor en el mercado que utiliza la poderosa estrategia comercial Needles Setup de Didi Aguiar a través de DIDI INDEX, con una variedad de recursos disponibles, a diferencia de cualquier otro asesor dedicado a esta estrategia. ¡Tan c
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Leolouiski Gan
4.33 (6)
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NB: IF YOU ARE USING A VERY HIGH RESOLUTION MACHINE AND THE EA DISPLAY LOOKS TOO SMALL, CONTACT ME SO I CAN HELP YOU. Open and close Multiple Trades on MT5 in 1 click at one price. Enter the Lot size Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy or Sell Create trailing stop for multiple trades  PLEASE NOTE: This is not a script, save it in the experts folder What to Always Note Check the minimum stop levels for the symbo
MT5-StreamDeck offers the possibility to use a certain number of pre-programmed Hot-keys with a clearly defined role. So by the push of a button you can open a trade with a pre-defined lot size, stoploss and take profit. Close all your trades, close the ones in profit, or in loss, set Break-even or set a trailing stop. All this with a Hot key button. See the feature list for all the actions that can take place at the push of a button. Ideal for Quick Scalping or day trading with set risk manage
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use on EURUSD use on M5 price and indicator analysis. Deals is in the direction of the trend. analysis 4 TimeFrame. Price and MovingAvarage (MA) are analyzed at TF EA. Market conditions in each TF are analyzed separately, then the overall picture. The algorithm shown in the screenshot below Sets is in Comments Advantages Advisor is optimized well for any instrument Can work on accounts with any spread, commissions, delays in the execution of orders Flexible settings specifically for your need
Use on EURUSD Use on M5 Intraday trading. Analise the price movements on the H1 timeframe (TF) (This allows to trade even in the absence of a global price trend). Analyzes 2 or 3 timeframes. On each TF, the EA analyzes the relative position of the price and moving averages (MA) (one or two on each TF). The operation algorithm is shown in the screenshot Sets is in Comments Advantages The EA can be easily optimized for any instrument at any moment. Flexible customization specifically to your ne
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Main: Not martingale, not a grid, working on all symbols; a good rational algorithm; Work of two indicators:  RSI (from older timeframe - it works as a signal filter) and RSI (from junior timeframe - it works as a signal) ; There is a good money management system (there are several type for trailing stop loss); EA can work on closed candles, and on current candles; Quickly optimized (the work is maximally accelerated). Current sets after optimization are in comments. MetaTrader 4:  https://www.m
Create your own trading expert without programming skills! It is easy and simple. This panel is a    designer of Expert Advisors (like Wizard). This Wizard contains: 57 signals (regularly add new) several Trailing Stop systems (including Trailing by Bollinger Bands) How create EA easy: Choose 1 signal Choose no more than 3 filters Choose the Trailing system Save the ".set" file - by one button Ready. Run this expert with the desired set. Interesting: "invisible" (virtual) levels StopLoss
You can: observe the price chart inside the chart of a different price evaluate correlation and relationships observe the difference in charts in the form of a histogram Opportunities: "Auto" mode - auto-adjust the chart for another chart "multiplier" - you can multiply the chart by any number shift up / down the chart by value shift the chart to the left "invert" - mirror flip of the chart Important: only charts added to MarketWatch are used Version for MetaTrader 5 -  https://www.mql5.com
Main: Not martingale, not a grid; Working on all symbols; Use on EURUSD Use on M5 Signals: There is a good rational algorithm. Work of two indicators: Bollinger Bands and Moving Average (you can set a separate Timeframe for each indicator) Stop Loss/Take Profit: There is a good money management system (there are several type for trailing stop loss); There is virtual levels of Stop Loss / Take Profit; There is smart lot (percent by risk) or fix lot Important: EA can work on closed candles,
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j431fx
1035
j431fx 2018.10.12 21:39 
 

I checked this EA only with parameter "Just SL" and TP, I don´t need other functions by now.

It works very well in my hedge account, manual or with an EA, for All orders or just for Magic number (1 or more magics openig Virtual_SL_EA in more graphs).

It has a good price and works, autor has been very helpful fixing some bug, and similar EAs that I checked were more expensive and had errors.

So, 5 stars for Virtual SL/TP is the correct.

The only missed thing is a full functional demo just for 1 symbol(CADJPY or other minor), so that we were able of checking its functions before buying it.

Respuesta al comentario
Versión 7.0 2020.09.14
you can set type of deals: All; only Buy; only Sell
Versión 6.2 2020.08.01
some small changes
Versión 6.1 2020.08.01
some changes)
Versión 6.0 2020.08.01
Big update:
- changed grafic user interface
- fixed bugs
Versión 5.0 2018.10.12
Fixed bugs
Versión 4.0 2018.10.04
Fixed bugs
Versión 3.0 2018.08.23
Fixed bugs
Versión 2.0 2018.06.05
1 - now the EA is able to set the virtual SL and TP levels closer than the minimum distance allowed by the broker
2 - added the ON/OFF button to the visual panel